Rajpriya Gautam

If your media diet is predominantly from Western, Japanese or Indian sources, then it’s quite likely you’ve seen one of the countless obituaries this year for China’s Belt and Road Initiative. The narrative in articles like Foreign Policy’s “ China’s Belt and Road to Nowhere ” or Nikkei Asia’s “ Belt and Road Initiative at tipping point ” all highlight the debt problems that now bedevil many of the countries that borrowed heavily from China under the auspices of the BRI. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://ch...

The Chinese government  confirmed that DR Congo President Félix Tshisekedi will embark on a five-day official state visit beginning Wednesday that will also include a meeting with Xi Jinping. Speculation about the President’s trip intensified over the weekend after it was  revealed that Congolese Foreign Minister Christophe Lutundula arrived in Beijing on Sunday to make advance preparations for Tshisekedi’s arrival. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinaglobalsouth.com/2023/05/22/drc-pr...

Chinese Foreign Minister Qin Gang will visit Australia in July in the latest indication that tensions between the two countries are easing.  In another sign of détente, Beijing is lifting many of the economic sanctions that it imposed on Australian agricultural and mining products for the past 2-3 years.  (SOUTH CHINA MORNING POST) India’s External Affairs Minister S. Jaishankar denounced China’s “opaque lending practices” and warned other Indian Ocean states on Friday about Beijing’s disregard for the rule of law.  The minister also attacked China for not respecting “sovereignty and territorial integrity.”   (TIMES OF INDIA) Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s...

The executive board of the International Monetary Fund (IMF) on Wednesday  approved  a $3 billion debt bailout deal for Ghana. The debt-distressed country will receive an immediate payment of $600 million. The announcement is a win for China,  which co-chaired  the official creditor committee with France and participated in the negotiations towards the deal. However, it also reflects Ghana’s relatively limited exposure to Chinese debt, with  smaller loans and fewer lenders  than for example, in  Zambia . This likely made the negotiations less complex that in other cases (see below.) Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for u...

U.S. President Joe Biden will leave for Japan on Wednesday to attend a G7 leaders summit in Hiroshima, but rather than continue on to Australia and what would have been a landmark visit to Papua New Guinea (PNG), he’ll head straight back to Washington instead. The White House on Tuesday announced that the President is curtailing his Asia-Pacific tour  so he can manage negotiations with Republican lawmakers over the debt limit. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More source https://chinaglobalsouth.com/2023/05/17/domestic-u-...

Although now more than a decade old, China’s large media presence in Africa remains poorly understood on the continent and by most foreign observers. While investment to expand TV broadcaster CGTN, China Daily and China Radio International’s footprint on the continent stalled shortly after Xi Jinping took power in 2012, the Chinese are still very active in distributing CPC propaganda through free licensing arrangements with African media outlets and sponsoring dozens of African journalists and editors to travel to China each year on all-expense paid trips. Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $19/mo OR Yearly $199/yr (17% Sa...

A new set of charts compiled by the China-Mideast researcher Andrea Ghiselli provides an intriguing glimpse of how Chinese investment in Sub-Saharan Africa is evolving. The charts are reportedly based on data from statistical yearbooks and investment bulletins. Big Trends: Chinese Investment in Africa FOREIGN DIRECT INVESTMENT:  Chinese FDI in Africa by stock remained roughly even between 2018 and 2021. However, Africa’s percentage of China’s total global FDI by stock is declining year by year. The two patterns arguably reveal a plateauing of investment in Africa while China’s global investment raced ahead. This should be concerning news for African policymakers. CONTRACTS:  The value of contracts won by Chinese companies fluctuated in the late 2010s but crept back up even during the pandemic. The trend contrasts with a sharp decline in financing from Chinese banks for African projects between the mid-2010s and the mid-pandemic. This could indicate that Chinese companie...